Rents are forecasted to rise
nationally 4.6 percent next year, and that’s following a 4.1 percent
increase this year, according to the National Association of REALTORS®.
What’s more, rents are expected to continue to climb for the
foreseeable future, rising more than 4 percent a year for 2014 and 2015,
forecasts Reis, a market research firm.
“The pendulum has definitely swung back in favor of landlords, not renters,” Ryan Severino, senior economist for Reis, told USA Today.
Source: “Rents Expected to Climb Steadily, According to Forecast,” USA Today (Nov. 27, 2012)